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Gas Sales Agreements are usually priced on a GJ basis, it states...

  1. Hoju
    209 Posts.
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    17/04/19
    09:45
    Post #: 38175052
    Gas Sales Agreements are usually priced on a GJ basis, it states it is a fixed price with index for inflation. Articles out today show the market price for east coast gas in AUD is anywhere between $8 - $14. Lets assume the low side of $8/GJ. Total contract size is 3.25PJ

    3,250,000 x $8 = $26 Million

    That is the very simple calculation without factoring anything else in.
    SXY Price at posting: 35.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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